By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto podcaster David Hoffman spread (and then retracted) a rumor that the SEC had delivered a Wells Notice to the decentralized staking service.Publish at: March 05, 2023 at 01:03AM
Lido’s LDO Token Sinks 10% Following Rumors Crypto Staking Service Received SEC Notice
Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The fund’s performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.Publish at: March 04, 2023 at 09:32PM
Bankman-Fried Should Have Only Flip Phone, Website Whitelist, DOJ Says
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Sam Bankman-Fried’s bail conditions should restrict his use of the internet, including the use of a non-internet connected flip phone, an attorney to the U.S. Department of Justice has proposed in court filings made late Friday.Publish at: March 04, 2023 at 07:37AM
Silvergate Closes SEN Platform Institutions Used to Move Money to Crypto Exchanges
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Silvergate Bank announced Friday it was suspending its “Silvergate Exchange Network” (SEN) “effective immediately.”Publish at: March 03, 2023 at 11:41PM
SEC Official Says Binance US Is Operating ‘Unregistered Securities Exchange’
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A U.S. Securities and Exchange official said agency staff believe Binance US is operating an unregistered securities exchange in the U.S.Publish at: March 03, 2023 at 10:44PM
The Rise and Fall of Silvergate’s Crypto Business
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions.Publish at: March 03, 2023 at […]
Dan Harmon’s Still-Unreleased NFT TV Show ‘Krapopolis’ Gets Third Season
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Fox animated comedy series has yet to air a single episode and has made about $650,000 from NFT sales so far.Publish at: March 03, 2023 at 09:40PM
Stablecoin Issuer Tether Used Bank Accounts Opened With Falsified Documents in Past: WSJ
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Tether, the company behind the world’s largest stablecoin, accessed bank accounts by way of falsified documents and intermediaries, a new report says.Publish at: March 03, 2023 at 08:02PM
Gitcoin, a Crowdfunding Platform for Open-Source Software Votes to Seed Staked ETH Index
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.Publish at: March 03, 2023 at 07:51PM
Binance USD Stablecoin Market Cap Falls Below $10B After Coinbase Delisting
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Liquidity is deteriorating for Binance USD as crypto investors have redeemed some $7 billion of tokens from issuer Paxos since regulators ramped up pressure on the stablecoin.Publish at: March 03, 2023 at 07:27PM